Chasing the Yield
Investing for income through dividends and distributions
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Oil executives reject profiteering claims by Congress
It’s not rocket science. Increasing unfriendly regulations on the production and distribution of oil and gasoline will result in higher prices at the pump. Prices were already way above where they were a year prior to the Russia/Ukraine war. The conflict only made matters worse. Congress attacking investors who depend on these investments for their…
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1st Quarter in the Can
3M remediation in Belgium, AT&T two-way trading, Kinder Morgan backed company files for bankruptcy and much much more!
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Microsoft is now the favorite child of Washington D.C.?
When a congressional committee was preparing to publicly interrogate the CEOs of four tech giants in 2020, Microsoft Corp. President Brad Smith, whose employer wasn’t on the hot seat, gave the lawmakers a private briefing. When Australia proposed a law to force Facebook and Google to pay for news articles, Mr. Smith endorsed it and offered Microsoft’s Bing as an alternative. When…
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Kinder Morgan backed Ruby Pipeline files for bankruptcy
Kinder Morgan (KMI) has a current dividend yield of 5.71% and is rated as “Safe” by SimplySafeDividends. I hold KMI in my High Yield Portfolio. In total KMI is 1.9% of my portfolio. The Houston-based natural-gas pipeline company filed for bankruptcy voluntarily in the U.S. Bankruptcy Court in Wilmington, Del. Ruby, directly owned by Ruby…
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AT&T two-way trading begins April 4
Note the date of a special trading period for AT&T shareholders regarding the spinoff of Warner Media. AT&T (T) has a current dividend yield of 4.64% and is rated as “Safe” by SimplySafeDividends. I hold T in my Medium Yield Portfolio. In total T is 0.3% of my portfolio. This event is new to me…
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3M to spend over $160 million for Belgium plant remediation
3M (MMM) has a current dividend yield of 3.91% and is rated as “Safe” by SimplySafeDividends. I hold MMM in my Low & Medium Yield Portfolios. In total MMMis 1.1% of my portfolio. The St. Paul, Minn., manufacturing conglomerate said the investment is aimed at advancing remedial actions for the Zwijndrecht community near the city…